Incorporate Your Ngo Online Quickly!

Get your Trust Registered in 15 days

  • Expert Assistance
  • Complete online process
  • End-to-end compliance solution
  • Track application status

@11999/-

SAVE 60% COST..!!!

Trust Registration in India

What is Trust?

As per the Indian Trust Act 1882, a Trust is an arrangement where the owner (Trustor) hand over the property to someone else (trustee) for the sake of a third person(beneficiary). Such a property is transferred by the trustor to the trustee with a proclamation which the trustee must hold the property for the devisee of the Trust. Moreover, Trusts can be classified into two categories such as Public Trust and Private Trust

  • Public Trust:- It is a trust whose beneficiaries append the public at large. Hence, a Public Trust can be subdivided into Public Charitable Trust and Public Religious Trust.
  • Private Trust:- A Private Trust is the one whose beneficiaries append families or individuals.

What type of Trust can be created?

  • Immovable property:- If the property to be transferred to the Trust is secured, then the trust must be created by the execution of a Trust Deed which is duly registered.
  • Movable property:- In case the Trust is created by the transfer of movable property, then the Trust can be created by the property owner himself orally or in writing declaring that he would hold the property, not as an owner, but as a Trustee for the benefits of some other person.

What is Trust Online Registration-Form10A?

The central board of Direct Taxes has provided a notification no. 10/2018-Income Tax dated 19.02.2018. through the said notification, CBDT has submitted the entire rule 17A that deals with an application for registration of charitable religious trust.

As per notification no. 10/2018-Income Tax, an application, under section 12A, for registration of a charitable or religious trust or institution will be made online by filling application in form 10A. The CBDT vide the said notification which has made the procedure for attaining registration of trust online.

Who is Eligible to create a Trust?

To be eligible to originate a Trust, one has to be over the age of eighteen, mentally sound, and talented to contract according to Section 11 of the India Contract Act, 1872. this eligibility criterion is stated in Section 7.

What is the procedure for NGO Trust Registration Online?

  • Selection of a Name Choose a unique name for your trust, the name must be new and should not lead to any infringement.
  • Drafting of the Deed The trust deed must be drafted wherein the gatherings to the deed would be the settlor(creator of the trust deed), the trustee, and the recipient.
  • Trust Registration A trust deed is a type of document that restrain all the crucial information related to registration and should present it before the registrar of the trusts having jurisdiction.
  • TAN, PAN, and Bank AccountThe final step in the process of Trust registration is to apply for an allocation of PAN number and TAN afterward apply for the bank account.
CHECK QUOTATION CLICK HERE!

Your Trusted Business Advisor

Everything should be as simple as it is, but not simpler as you

Why Choose EntrepreneurCell for National Trust Registration?

EntrepreneurCell is a well-known and trustworthy company that provides progressive services to get Trust registration in very easy steps. We committed to providing the following strategies to every business owner are as follow:-

  • Easy and simple to do Trust Registration
  • Full and extensive support in filling up Trust Registration
  • Restrain through the whole registration procedure of charitable trust registration online
  • Answers for all your questions and concerns

These are some of our commitments join hands with us to know more about our services and start-up your any kind of business in very less time and come in the market soon with full-on potential.

vector illustration in flat style

Frequently Asked Questions

A. The Registration of Trust or Trust Deed Registration is one and the same thing and each state has prescribed a different process for trust registration. There is no specific trust registration form to register a trust. The basic document to register a trust is the trust deed and KYC document of its author, trustee, and witness of the trust deed.

A. It is legitimately not essential to have a composed trust deed for the benefit-cent trust/strict trusts, social orders, and the organizations. From the practical point of view, moreover, it is constantly fitting for charitable trusts to have legitimate enlisted trust deed.

A. A trust usually includes three parties which are a settlor, otherwise called a creator of the trust, a trustee, and a recipient.

.

A. A trust deed is a conventional report laying out the gatherings associated with trust and the guidelines for conveying trust property to recipients. Changes could be made during the trust grantor’s lifetime.

 

Ask a Question